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Podcast: Money Life with Chuck Jaffe
Episode: Veteran journalist Greenberg on how 'abnormal is the new normal'
Description: Long-time financial journalist and markets observer Herb Greenberg, editor of Herb Greenberg's Red Flag Alerts, says that investor expectations have changed, based on markets where rapid gains seem easy. While he suggests that this mindset is not new — and notes that Wall Street always feeds the quacking ducks by giving them new ideas for how to capitalize on current events and trends — he says it is becoming harder for average investors to remember that a normal market is one that goes up slowly over time. He agrees with assessments that the market is in a bubble, but says investors shou...